Bitcoin (BTC) stayed motionless at the Nov. 1 Wall Street open as traders rooted for clues over a possible direction.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHopes of a breakout remain despite BTC sell wall
Data from Cointelegraph Markets Pro and TradingView showed a narrow range in place for BTC/USD overnight, the day seeing local highs of $20,681 on Bitstamp.
Markets were keenly awaiting news from the United States Federal Reserve on interest rates, which is scheduled for 2:00 pm Eastern Time on Nov. 2.
Until then, it i a case of “wait and see,” while on-chain monitoring resource Material Indicators noted sell-orders already increasing.
“The binance order book is starting to look like a game of Tetris,” it summarized.


